Dispatch and factoring services: every unit booked by our desk, every invoice paid fast

Running three or four trucks means two jobs on top of driving: keeping every unit loaded, and getting paid fast enough to cover the next week. Dispatch and factoring services split those jobs. Our desk books the loads. A factoring company, such as RTS Financial, which we refer carriers to, pays the invoices in about a day. You run the company.

Factoring is optional. You can use our desk without factoring, or factor with any company you choose.

Weekly view, EXAMPLE

One week for two units of a small van fleet. Loads booked by the desk and approved by the owner; factoring payments landing the day after each delivery. Advances use RTS Financial's published floor of more than 90% RTS Financial, FAQsRTS Financial advanceMore than 90% of the invoice within 24 hours; the rest, minus a fee, after the customer paysRTS Financial FAQ: RTS purchases the invoice at a factoring rate it does not publish and advances more than 90 percent of the total within 24 hours. Once the invoice is paid, RTS sends the remaining balance minus a fee. Final rates and approval depend on underwriting and required contracts.RTS Financial, FAQs, 2026Checked Oct 2026Close, shown here as an EXAMPLE 92%.

EXAMPLE Every number above is an illustration. Real rates, lanes and funding times depend on the market, the broker and the factor's contract. The two passed offers cost the owner nothing. Reserves, minus the factoring fee, arrive later as brokers pay.

The week shows the point of using both: the owner's job was saying yes or no to seven offers. Most of Friday's payroll came from this week's loads, not last month's.

How they work together

The notice of assignment. When you factor, your factor sends each broker a notice that invoices must be paid to the factor. Under UCC 9-406, a broker with a proper notice can only clear the debt by paying the factor UCC 9-406 (Cornell LII)Notice of assignment (UCC 9-406)After an authenticated notice, the account debtor can discharge the debt only by paying the assigneeUCC 9-406(a): before notice, an account debtor (the broker) may pay the assignor (the carrier). After receiving an authenticated notice that the account was assigned and payment is to go to the assignee (the factor), it can discharge the debt only by paying the assignee. 9-406(c): on request, the assignee must give reasonable proof of the assignment, or the debtor may keep paying the assignor. States adopt the UCC with their own changes.UCC 9-406 (Cornell LII)Checked Oct 2026Close. Our part: we include that notice in every new carrier packet we set up, so a broker never has the wrong remit-to.

Paperwork. The driver gets the BOL signed at delivery and uploads it, or sends it to us or your office. We check that the rate con and BOL match and send the set the way your factor asks. You keep the documents; we don't hold them hostage.

Control. The two services never decide for you.

• Loads: the desk brings each one to you. You approve it. The rate con goes straight to you from the broker. We never sign one for you.
• Money: your factoring contract is between you and the factor. We don't receive your broker payments, and we don't approve or decline your invoices.
• Brokers: your factor's credit check on a broker adds a second opinion to ours. If the factor won't approve a broker, we keep looking.

For the onboarding steps on our side, see the dispatch setup process.

What the owner still does

Using both services doesn't take the owner out of the business. You still decide every load, sign every rate confirmation, set your floor rate and home time, and read your factoring statements. What goes away is the hours: searching boards, calling brokers, chasing payment. A simple weekly routine works for most small fleets: review the per-truck report from our desk on Monday, check open invoices and reserves in your factor's app midweek, and settle drivers on Friday.

Who the broker pays

With factoring, the broker pays the factor, not you and not us. Without factoring, the broker pays you. In neither case does broker money pass through our desk.

WITH FACTORING

Broker pays the factor

• Rate con: carrier and broker
• Invoice remit-to: the factor
• Factor advances to you, then collects
• Our dispatch fee: billed to you under our agreement

WITHOUT FACTORING

Broker pays you

• Rate con: carrier and broker
• Invoice remit-to: your company
• Broker pays you on its terms
• Our dispatch fee: billed to you under our agreement

If you leave the dispatch service

Our dispatch agreement is month-to-month with 30 days notice. Your factoring contract has its own terms. Leaving one doesn't end the other.

• Leave dispatch, keep factoring: your factor keeps funding your invoices as before. Nothing changes with brokers, since the notice of assignment stays in place.
• Leave factoring, keep dispatch: follow your factoring contract's exit steps, then we update broker packets with your new remit-to address.
• Switch factors: your new factor sends a new notice to each broker; we update packets as brokers confirm.

That separation is on purpose. Your cash flow shouldn't depend on keeping a dispatcher, and your loads shouldn't depend on keeping a factor.

What it costs together

Two separate lines on your P&L. Dispatch: 4% of gross on every unit for fleets of 2 or more trucks, 5% for one truck, 7% while an MC is under 6 months, only on loads you accept and haul, no setup fee. Factoring: the rate and fees in your factoring contract. Trade coverage published in 2026 puts recourse rates at about 1.5% to 3.0% per invoice FreightWaves (contributed), …Freight factoring rate and fee ranges (trade coverage)Recourse 1.5-3.0%, non-recourse 2.5-5.0% per invoice; ACH $2-15, wire $10-35FreightWaves contributed article, July 1, 2026: recourse 1.5% to 3.0% per invoice, non-recourse 2.5% to 5.0% (spot non-recourse 3% to 6%); ACH $2 to $15 and wire $10 to $35 per transfer; expedited funding 0.25% to 1.0%; credit checks $10 to $50 per customer; setup $100 to $500; minimum-volume penalties $250 to $1,000+ a month; early termination $500 to $5,000+. Ranges from industry sources, not a survey.FreightWaves (contributed), Jul 1, 2026, 2026Checked Oct 2026Close.

Our opinion: add both to your cost per mile before you sign anything. If the trucks earn enough to carry both, they buy you back a lot of hours. If not, fix rates and lanes first. Read the freight factoring guide for how factoring works on its own.

This page describes how our desk works with factoring companies in general. Factoring terms come from your factor's contract.